Public Utility Commission
Selects Cross Texas Transmission
as part of CREZ Transmission Plan
AUSTIN,
TEXAS (March 30, 2009) – The Public Utility Commission of
Texas (PUCT) today issued an order selecting transmission
service providers to construct, operate and maintain an
estimated $4.9 billion in new electric transmission
infrastructure to deliver renewable energy from competitive
renewable-energy zones (CREZs) to electric customers in
Texas. The transmission improvements consist of more than
2,300 miles of new high-voltage transmission lines designed
to increase the system capacity to accommodate 18,456
megawatts of renewable energy.
The PUCT
selected Cross Texas Transmission, LLC to construct, operate
and maintain over 200 miles of double circuit 345-kV
transmission lines and associated equipment generally
located in the Texas Panhandle including facilities in
Briscoe County, Carson County, Cottle County, Childress
County, Collingsworth County, Donley County, Gray County,
and Hall County. Cross Texas Transmission, an affiliate of
LS Power, is one of eight transmission service providers
selected by the PUCT.
Cross Texas
Transmission was determined to be one of the new entrants
best qualified to participate in the CREZ Transmission
Plan. “We look forward to working with the Commission, wind
developers, landowners, local communities, and other
stakeholders to make the CREZ transmission projects a
reality,” said Lawrence Willick, Senior Vice President of LS
Power Development, LLC. The PUCT has set a targeted
completion date for all of the CREZ projects by year-end
2013, with each project to be scheduled through sequencing
dockets at the PUCT.
About Cross Texas Transmission
Cross Texas Transmission is a wholly owned subsidiary of LS
Power that will construct, operate and maintain transmission
facilities in Texas. LS Power is a power generation and
transmission group with a proven track record of successful
development activities, operations management and commercial
execution. LS Power has been involved in the development,
construction, or operations of over 20,000 MW of power
generation throughout the United States. LS Power is
actively developing both power generation and transmission
infrastructure to serve the need for new generation and
improve the aging transmission system. Highly regarded in
the financial community, LS Power has raised over $11
billion in debt and equity since 2005.
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